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Existing-Home Sales Fell in August as Buyers Waited For Inventory

Due mainly to lack of supply, existing-home sales fell 2.0% in August compared with July, according to the National Association of Realtors (NAR). The decrease...

Demand for Second Homes Falls Nearly 20 Percent

Demand for second homes dropped 19.3% year over year in August, marking the third straight month of declines, according to a new report from...

Nearly 20 Percent Decrease in August New Home Purchase Mortgage Applications

The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for August 2021 shows mortgage applications for new home purchases decreased 17% compared from...

Supply and Labor Constraints, Rising Inflation Affect Home Sales, Mortgage Rates

For the second month in a row, expectations for near-term real GDP growth have been revised downward – and outward – due to persistent...

Freddie Mac Reports Nearly Flat Mortgage Rates

Freddie Mac has released the results of its Primary Mortgage Market Survey (PMMS), showing that the 30-year fixed-rate mortgage (FRM) averaged 2.86% for the...

Redfin: Home Sales Down 6 Percent Year Over Year, Prices Keep Rising

According to a new report from Redfin, the national median home-sale price rose 16% year over year to $380,271 in August, marking the 13th...

Consumers Seem More Optimistic About Home Buying

Fannie Mae reveals that the Home Purchase Sentiment Index (HPSI) was largely unchanged in August, decreasing 0.1 points to 75.7, as survey respondents tempered...

Slow Increase in Pending Home Sales, Redfin Reports

Pending home sales rose 9% in August, the slowest growth since June 2020, according to a new report from Redfin. More home sellers have started...

Home Prices Jumped 18.6 Percent Year Over Year in June

U.S. home prices continued to hit new highs in June, rising 1.7% compared with May and soaring 18.6% above June 2020, according to the...

U.S. House Prices Show Substantial Rise Over Last Year

U.S. house prices rose 17.4% from the second quarter of 2020 to the second quarter of 2021, according to the Federal Housing Finance Agency...

Pending Home Sales Fell 1.8 Percent in July as the Market Cools

Pending home sales decreased 1.8% on an adjusted basis in July compared with June and were down 8.5% compared with July 2020, according to...

CoreLogic Decade in Review Report Shows Shifting Market Dynamics

CoreLogic’s Investor Homebuying report highlights home U.S. purchase trends between 2011 and 2020. In the report, CoreLogic investigates activity nationally by both price tier...

Radian RPI Reports U.S. Home Price Appreciation Increases

After a strong finish to the first half of 2021, home prices across the U.S. rose at an even faster pace in July as...
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Existing-Home Sales Increased For Second Straight Month in July

Existing-home sales increased 2.0% in July compared with June to reach a seasonally adjusted annual rate of 5.99 million, according to the National Association...

New Home Sales Inched Up 1 Percent in July

New home sales increased 1% in July compared with June but were down 27% compared with July 2020, according to estimates from the U.S....

Housing Starts Dropped in July as Homebuilder Sentiment Waned

Housing starts continued to disappoint in July, dropping 7% compared with June to reach a seasonally adjusted annual rate of 1.59 million, according to...

July Figures Show Large Price Gains for 12 Straight Months

The median price of homes sold in July 2021 was up nearly 20% from a year earlier to a new all-time high of $385,600,...

Affordability and Supply Questions Polarize Buying and Selling Markets

Fannie Mae's Home Purchase Sentiment Index (HPSI) decreased 3.9 points to 75.8 in July, with consumers continuing to report concerns related to high home...

U.S. Economy Added Nearly 1 Million Jobs in July, Unemployment Fell to 5.4 Percent

The U.S. economy added 943,000 jobs in July, while the unemployment rate dropped to 5.4%, according to the U.S. Bureau of Labor Statistics. Notable job...

Homeowner Equity Surged During Q2 2021

ATTOM’s second-quarter 2021 U.S. Home Equity & Underwater Report shows that 34.4% of mortgaged residential properties in the U.S. were considered equity-rich in the...